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Andalas Energy and Power Plc - Director Shareholding

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By PR Newswire

PR Newswire

Andalas Energy and Power Plc

(“Andalas” or the “Company”)

Director Shareholding

Further to its announcement of 23 May 2017, the Company sets out below the PDMR notifications relating to the participation by certain of the Directors in the Placing in accordance with the requirements of the Market Abuse Regulation:

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 

Daniel Jorgensen
2 Reason for the notification
a) Position/status
 
Finance Director
b) Initial notification /Amendment
 
Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
 
ANDALAS ENERGY AND POWER PLC
b) LEI
 
213800TZWOYU7UFZ5V63
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a) Description of the financial instrument, type of instrument Ordinary shares of Nil par value
Identification code
b) Nature of the transaction
 
Purchase of ordinary shares via a Placing
c) Price(s) and volume(s)
Price(s) Volume(s)
0.1 pence 31,000,000
d) Aggregated information N/A - single transaction
- Aggregated volume N/A - single transaction
- Price N/A - single transaction
e) Date of the transaction
 
22 May 2017
f) Place of the transaction
 
London Stock Exchange (XLON)

   

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 

 David Whitby
2 Reason for the notification
a) Position/status
 
CEO
b) Initial notification /Amendment
 
Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
 
ANDALAS ENERGY AND POWER PLC
b) LEI
 
213800TZWOYU7UFZ5V63
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a) Description of the financial instrument, type of instrument Ordinary shares of Nil Par value 
Identification code
b) Nature of the transaction
 
Purchase of ordinary shares via a Placing
c) Price(s) and volume(s)
Price(s) Volume(s)
0.1 pence 42,000,000
d) Aggregated information N/A - single transaction
- Aggregated volume N/A - single transaction
- Price N/A - single transaction
e) Date of the transaction
 
22 May 2017
f) Place of the transaction
 
London Stock Exchange (XLON)

   

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 

Paul Warwick
2 Reason for the notification
a) Position/status
 
Non-Excutive Director
b) Initial notification /Amendment
 
Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
 
ANDALAS ENERGY AND POWER PLC
b) LEI
 
213800TZWOYU7UFZ5V63
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a) Description of the financial instrument, type of instrument Ordinary shares of Nil par value
Identification code
b) Nature of the transaction
 
Purchase of ordinary shares via a Placing
c) Price(s) and volume(s)
Price(s) Volume(s)
0.1 pence 15,000,000
d) Aggregated information N/A - single transaction
- Aggregated volume N/A - single transaction
- Price N/A - single transaction
e) Date of the transaction
 
22 May 2017
f) Place of the transaction
 
London Stock Exchange (XLON)

   

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 

Ross Warner
2 Reason for the notification
a) Position/status
 
EXECUTIVE DIRECTOR
b) Initial notification /Amendment
 
Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
 
ANDALAS ENERGY AND POWER PLC
b) LEI
 
213800TZWOYU7UFZ5V63
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a) Description of the financial instrument, type of instrument Ordinary shares of Nil par value 
Identification code
b) Nature of the transaction
 
Purchase of ordinary shares via a Placing
c) Price(s) and volume(s)
Price(s) Volume(s)
0.1 pence 31,000,000
d) Aggregated information N/A - single transaction
- Aggregated volume N/A - single transaction
- Price N/A - single transaction
e) Date of the transaction
 
22 May 2017
f) Place of the transaction
 
London Stock Exchange (XLON)

   

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 

Simon Gorringe
2 Reason for the notification
a) Position/status
 
EXECUTIVE DIRECTOR
b) Initial notification /Amendment
 
Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
 
ANDALAS ENERGY AND POWER PLC
b) LEI
 
213800TZWOYU7UFZ5V63
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a) Description of the financial instrument, type of instrument Ordinary shares of Nil par value
Identification code
b) Nature of the transaction
 
Purchase of ordinary shares via a Placing
c) Price(s) and volume(s)
Price(s) Volume(s)
0.1 pence 31,000,000
d) Aggregated information N/A - single transaction
- Aggregated volume N/A - single transaction
- Price N/A - single transaction
e) Date of the transaction
 
22 May 2017
f) Place of the transaction
 
London Stock Exchange (XLON)

   

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 

Graham Smith[i]
2 Reason for the notification
a) Position/status
 
Non-Executive Director
b) Initial notification /Amendment
 
Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
 
ANDALAS ENERGY AND POWER PLC
b) LEI
 
213800TZWOYU7UFZ5V63
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a) Description of the financial instrument, type of instrument Ordinary shares of Nil par value each
Identification code
b) Nature of the transaction
 
Purchase of ordinary shares via a Placing
c) Price(s) and volume(s)
Price(s) Volume(s)
0.1 pence 18,000,000
d) Aggregated information N/A - single transaction
- Aggregated volume N/A - single transaction
- Price N/A - single transaction
e) Date of the transaction
 
22 May 2017
f) Place of the transaction
 
London Stock Exchange (XLON)

[i] FIM Capital Limited, a company in which Graham Smith is interested has subscribed for the shares.

For further information, please visit www.andalasenergy.co.uk or contact:

David Whitby Andalas Energy and Power Plc Tel: +62 21 2783 2316
Sarah Wharry
Craig Francis
Cantor Fitzgerald Europe
(Nominated Adviser and Joint Broker)
Tel: +44 20 7894 7000

Jon Belliss


Frank Buhagiar
Susie Geliher

Beaufort Securities Limited
(Joint Broker)

St Brides Partners Limited

Tel: +44 20 7382 8415


Tel: +44 20 7236 1177

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